Despite the ongoing struggles in the cryptocurrency market, Glassnode, an on-chain analytics platform, recently published a report revealing some striking insights on altcoin profitability.
The data shows that while popular altcoins like Tron (TRX) and XRP continue to generate significant unrealized gains for their investors, larger altcoins such as Ethereum (ETH) and Solana (SOL) have suffered sharp declines in investor profitability this year.
Top Performers: Tron and XRP
According to Glassnode’s findings, Tron leads the list, with an impressive 84.6% of its total supply still in profit. Close behind is XRP, with 81.6% of its circulating supply remaining profitable. This means that a substantial majority of holders of these altcoins are in profit, even amidst the broader market challenges.
Struggling Altcoins: Ethereum and Solana
In contrast, Ethereum and Solana have faced significant downturns in profitability. As of the latest data, only 44.9% of Ethereum’s supply is currently in profit, marking a sharp 39.9% decline since the start of the year. Solana is in an even worse position, with just 31.6% of its supply in profit, which represents a staggering 46.8% drop from the beginning of 2025.
Bitcoin and Other Altcoins: Moderate Decline
Bitcoin (BTC) sits in the middle of the pack, with 76.8% of its supply in profit, a notable but smaller decrease compared to some altcoins. Toncoin (TON), ONDO, and Dogecoin (DOGE) also see moderate profitability, with rates ranging between 50.8% and 74.3%.
Despite the recent declines, Glassnode’s analysis reveals that some altcoins still hold the vast majority of their supply in profit, underscoring the varying degrees of market performance across different tokens.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/altcoins-outperforming-ethereum-and-solana-according-to-glassnode/